Which of the Following Characterized the Second Industrial Revolution

question 58

Multiple Choice

Which of the following characterized the Second Industrial Revolution?

• A) The assembly line and other mass-production technologies proliferated.
• B) Administrative tasks and record keeping were streamlined.
• C) There was a great increase of smaller start-up companies.
• D) Larger companies were split into smaller competing corporations.

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Definitions:

Income Distribution

The process by which earned income is distributed among various stakeholders, including dividends to shareholders and payments to other entities.

Capital Balances

The amount of money that owners have invested in a company plus retained earnings or minus any losses.

Admission

The process or fee associated with being allowed entry into a place, organization, or institution.

Interest Allowance

An amount that reduces the gross interest income earned, related to the cost of borrowing or credit facilities.